Industry funds gear up for brand transformation post-merger
Mine Super and TWUSUPER, expected to finalise their merger by mid-2024, will unite under a new name Team Super.
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Mine Super and TWUSUPER, expected to finalise their merger by mid-2024, will unite under a new name Team Super.
The superannuation savings of many Australians are forecast to grow by 8.8 per cent for 2023, an unexpectedly good result driven by strong markets that will mostly erase the losses of last year.
Once again, Financial Standard readers were captivated by the evolving superannuation landscape, with this year's top stories largely focused on this space. However, there was one particular executive move that simply couldn't be scrolled past.
The merger of the two industry superannuation funds will go ahead, with the chief executive selected.
Vasyl Nair, the CEO of Mine Super, will lead the combined entity after the merger is completed in early 2024.